by Bill McBride on 6/27/2014 09:55:00 AM
Friday, June 27, 2014
Click on graph for larger image.
The final Reuters / University of Michigan consumer sentiment index for June increased to 82.5 from the May reading of 81.9, and was up from the preliminary June reading of 81.2.
This was above the consensus forecast of 82.0. Sentiment has generally been improving following the recession - with plenty of ups and downs - and a big spike down when Congress threatened to "not pay the bills" in 2011, and another smaller spike down last October and November due to the government shutdown.